FLY LARSEN VVS ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About FLY LARSEN VVS ApS
FLY LARSEN VVS ApS (CVR number: 26179580) is a company from VIBORG. The company recorded a gross profit of 2570.5 kDKK in 2024. The operating profit was -74.9 kDKK, while net earnings were -62.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -5 %, which can be considered poor and Return on Equity (ROE) was -12.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 36.2 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. FLY LARSEN VVS ApS's liquidity measured by quick ratio was 1.6 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 2 135.07 | 2 797.15 | 3 258.00 | 3 289.87 | 2 570.51 |
EBIT | 414.76 | 381.03 | 382.96 | 204.97 | -74.87 |
Net earnings | 307.07 | 276.90 | 292.98 | 157.58 | -62.21 |
Shareholders equity total | 561.91 | 612.81 | 676.99 | 597.97 | 385.77 |
Balance sheet total (assets) | 2 557.10 | 2 102.65 | 2 438.40 | 1 694.24 | 1 275.53 |
Net debt | 6.29 | - 902.74 | -1 056.46 | - 456.36 | -14.12 |
Profitability | |||||
EBIT-% | |||||
ROA | 23.0 % | 16.5 % | 16.9 % | 10.0 % | -5.0 % |
ROE | 62.9 % | 47.1 % | 45.4 % | 24.7 % | -12.6 % |
ROI | 45.1 % | 35.7 % | 46.7 % | 24.3 % | -10.1 % |
Economic value added (EVA) | 299.68 | 227.28 | 259.93 | 116.12 | - 100.20 |
Solvency | |||||
Equity ratio | 22.0 % | 29.1 % | 27.8 % | 35.3 % | 36.2 % |
Gearing | 142.4 % | 21.6 % | 25.8 % | 36.2 % | 66.2 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.7 | 1.3 | 1.3 | 1.4 | 1.6 |
Current ratio | 1.3 | 1.4 | 1.4 | 1.6 | 1.4 |
Cash and cash equivalents | 793.72 | 1 034.85 | 1 231.11 | 672.80 | 269.58 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
Variable visualization
Roles
Companies in the same industry
- Professional credit risk reports
- Create your own estimates for any company
- Valuation analysis
- All 400,000+ Danish companies
- See instructions

... and more!
No registration needed.